greater phoenix Archives

Colliers completes sale of luxury apartment complex in Florida

by in AZRE Magazine | Brokerage | New to Market | Office

Colliers International in Greater Phoenix recently completed the sale of the 390-unit Grand Reserve at Park Isle, a gated Class A multifamily community in Florida. Grand Reserve Borrower LLC of Dallas, Texas purchased the complex, located at 2600 W. Grand Reserve Circle, in Clearwater Florida from Standard Grand Reserve LLC of Arcadia, California. The seller was represented by the Colliers Cooke Team, led by Cindy… Read More →

Population growth to drive healthcare demand


THE BROADER VIEW The Greater Phoenix medical office market is being supported by demographic factors, with the expanding local population base fueling demand for healthcare services. These trends should continue in the years ahead, following a lull brought on by the recession. While the long-term sources of demand are in place, the healthcare industry continues… Read More →

Rents spike as vacancy continues to tighten

Market report supplied by Colliers International THE BROADER VIEW The Greater Phoenix multifamily market continued to ride a wave of momentum to start 2015. Robust renter demand for units fueled another vacancy improvement, rents surged and sales prices posted additional gains. Healthy employment growth is the driving force behind renter demand, and the new units… Read More →

SRS Real Estate Partners Sells Building at The Park in Chandler to Krispy Kreme

by in Business News

SRS Real Estate Partners announced the sale of a 53,492-square-foot shopping center outparcel which includes a 3,504-square-foot former bank building located at the southwest corner of Chandler Boulevard and Alma School Road in Chandler, Ariz. Alan Houston and Jeff Alba with SRS Real Estate Partners represented the seller, Grossman/Robson Associates in the transaction.  Andy Kroot… Read More →

GPEC targets international business executives

by in Business News | Economy

The Greater Phoenix Economic Council (GPEC) this week officially launched an international toolkit and forum series, called “Doing Business in Greater Phoenix, U.S.A,” with additional support from the City of Phoenix. The toolkit is designed to assist foreign companies with investment and expansion decisions in the United States and, specifically, the Greater Phoenix region. From… Read More →

Retail Overview: Big Boxes, Big Decisions


  As a building owner of a vacant big box (or perhaps soon-to-be-vacant), there are a lot of factors that affect the return on your investment and the success of your asset. From our experience in working with owners as they analyze their asset, we have found that one common denominator applies to every situation… Read More →

Q&A Bill Pepicello, GPEC Chairman And University Of Phoenix President

Bill Pepicello, chairman of GPEC and president of University of Phoenix - AZ Business Magazine Jan/Feb 2011

What are your top goals as chairman of GPEC? First, and foremost, my goal is to build on the momentum that Michael Bidwill, GPEC’s immediate past chairman, and Barry Broome, GPEC’s president and CEO, have driving the region toward new high-quality jobs. … I also want to expand on their vision and ideas to build a… Read More →

CEO Series: Roy Vallee

Roy Vallee, Chairman & CEO of Avnet - AZ Business Magazine Jan/Feb 2011

Long-time member talks technology, dealing with global economic problems, adapting to the changing world of technology, and more. Roy Vallee Title: Chairman and CEO Company: Avnet How you would you assess the current state of your industry? Things are going pretty well for technology. Calendar 2010 will be a very good year by historical standards… Read More →

Economic Forecast Calls For Another Year Of Slow Recovery In 2011

Economic forecast
by in Economy | Featured

Arizona’s economic recovery will continue to move at a glacial speed in 2011 — but at least it’s moving. The coming new year will see an increase in job creation, a rise in population and even a modest increase in single-family home permits. However, the consensus among economists at today’s 47th Annual Economic Forecast Luncheon,… Read More →

ATHENA Award Winners Announced

Athena Awards
by in Events

Susan Cordts, Sharon Knutson-Felix and Rachel Bennett Yanof were recipients of 2010 ATHENA Businesswoman of the Year Awards presented today at the Arizona Biltmore Resort & Spa, Cordts, President & CEO of Adaptive Technologies Inc., was 2010 ATHENA Businesswoman of the Year in the Private Sector; Knutson-Felix, Executive Director – 100 Club of Arizona, was… Read More →

Local CVBs Sound Off On Boycotts And Why Arizona Is Still A Top Meeting And Travel Destination

Civic Space Park - AZ Business Magazine Sept/Oct 2010

It’s no secret that the meetings industry, and travel in general, has taken quite a few hits in Arizona over the past few years. As a result, local convention and visitors bureaus — the ones who promote travel to and meetings in the state — have had to overcome new obstacles in their quest to… Read More →

Greater Phoenix Economic Forecast 2011: “Painfully Slow”

by in Economy | Real Estate

The economy may be better in 2011 than it was in 2010, but the road to full recovery will remain long and full of potholes. But hey, it could be worse. It could be 2009. That’s according to economist Elliott D. Pollack, CEO of Elliot D. Pollack & Company. Pollack was speaking at the Greater… Read More →

Business Leaders are Concerned About the Repercussions the State’s Tough, New Immigration Law Will Have on Arizona’s Still Struggling Economy

State’s Tough, New Immigration Law - AZ Business Magazine June 2010

Opponents of Arizona’s toughest-in-the-nation immigration law charge that it is unconstitutional and will lead to racial profiling, specifically targeting Hispanics. Supporters counter that the state statute corresponds with federal law and is designed to deal with those who break the law by entering the country illegally. Caught in the crossfire is Arizona’s fragile economy. Regardless… Read More →

Downtown Art Walk Is A Homegrown Success

At First Fridays, thousands of residents and visitors gather - AZ Business Magazine June 2010

If you’ve ever been to the Downtown Phoenix area on the first Friday night of the month, you most likely noticed that the streets were alive with people. At First Fridays, thousands of residents and visitors gather to tour more than 70 galleries, venues and art-related shops in what has become one of the largest,… Read More →